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GDP vs Economic Growth
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Author GDP vs Economic Growth
nodoodahs
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Joined: 06 May 2005
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PostPosted: Sun May 15, 2005 3:13 pm    Post subject: GDP vs Economic Growth Reply with quote
Probably my two biggest bones to pick with GDP as a measure of “economic growth” have to do with 1) emphasis on final consumption and 2) the sausage-making process of “real” from “nominal.” Others have hit this subject far better than I ever could, so here goes:

http://www.capital-insight.com/clientfiles/pdf/110703cones.pdf

http://www.gillespieresearch.com/cgi-bin/bgn/article/id=343

http://www.gillespieresearch.com/cgi-bin/bgn/article/id=344
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